Charles Schwab CEO Sees Crypto as a New Revenue Engine

Charles Schwab has completed its retail rollout of direct bitcoin and ether trading, bringing cryptocurrency access to eligible investors across a brokerage overseeing $13.33 trillion. During the firm’s Oct. 15 webcast, CEO Rick Wurster confirmed that crypto transfers are being introduced and three additional cryptocurrencies are coming before year-end. Wurster also identified crypto trading as a new revenue opportunity, offering a revealing glimpse into the financial giant’s ambitions. Charles Schwab has opened the crypto gates to millions of eligible investors, bringing direct bitcoin and ether trading to its enormous brokerage operation. The $13.33 trillion financial giant is also introducing cryptocurrency transfers and preparing three additional digital assets before 2026 ends. During the company’s Fall Business Update on Thursday, Oct.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Bitcoin.com News.